Project Management fundamentals
Introduction. BBA / MBA course - Chapter 1
PPT available upon request: frgaucher@yahoo.fr.
Comments are welcome to improve the content!
Francois Gaucher, DBA, MBA
[To download this presentation, visit: https://www.oeconsulting.com.sg/training-presentations]
Organizations need strategic planning because the world changes constantly. It is foolhardy and unrealistic to assume that economic conditions, consumer needs and expectations, competition in the marketplace, or a host of other factors will remain the same for two, three or five years into the future.
Insights from strategy consultants such as McKinsey and Gartner have revealed that although strategic planning is a basic business practice, many organisations are struggling to make it work--the results often fail to meet expectations.
Moreover, our research and experience have found that most strategic planning processes are poorly conceptualised and poorly executed; the process is often not very creative, and it is tactical rather than strategic in nature; and the so-called strategic plan rarely impacts the day-to-day decisions made in the organization.
To be successful, a strategic planning process should provide a template against which all such decisions can be evaluated.
What this guide will focus is not so much on "strategy tools," but a step-by-step systematic approach to strategic planning. The strategic planning process presented consists of eight sequential steps to guide organizational leaders and key stakeholders to plan and create its future. The Eight Steps of Strategic Planning include:
- Step 1: Plan the Planning Process
- Step 2: Define Shared Values and Mission
- Step 3: Analyze the Current Organizational Profile
- Step 4: Create an Inspiring Vision
- Step 5: Compare Current to Envisioned Organization
- Step 6: Develop Strategies, Objectives and Plans
- Step 7: Execute Action Plans
- Step 8: Monitor Results and Make Improvements
This comprehensive Strategic Planning PPT training presentation provides a model for transforming organizations and contains seven ingredients that are necessary for such transformations; that is, the strategic planning:
- Is future focused
- Is leadership driven, not leader driven
- Provides for a high level of organizational involvement
- Produces a plan that is widely understood and accepted
- Produces a plan that is comprehensive and detailed
- Is a model that can be rigorously applied
- Provides the energizing force to drive the transformation
As a process guide, the steps presented offer a unique and powerful approach to strategic planning. The steps and/or sub-steps may be adapted to suit the specific needs and desires of the organization.
LEARNING OBJECTIVES
1. Acquire knowledge on the key concepts and principles of strategic planning
2. Describe the eight-step strategic planning process and the key frameworks and tools
3. Define the key factors for successful strategic planning
CONTENTS
1. Key Concepts and Principles of Strategic Planning
2. Strategic Planning Process: The Eight-step Strategic Planning Model
3. Key Strategy Frameworks and Tools
4. Strategic Planning Best Practices
Learn the 5 Key Project Management Phases that every project manager knows. Perfect information for those professionals curious about how Project Managers plan their projects.
Complete Online PMP Study Training Material for PMP Exam Provided Free for PM...GlobalSkillup
Online PMP Training Study Material with Complete Slide Deck from GlobalSkillup for PMI PMP (Project Management Professional) towards PMP Exam Preparation.
This Study material also covers Project management defined by PMBOK 5th Edition by Project Management Institute (PMI). Provided by GlobalSkillup.com towards PMP Certification Exam.
Here are 489 slides for you to successfully teach your next PMP/CAPM class with confidence. We have also included questions after each chapter to reinforce the concepts for better exam preparation. Purchase your copy today: http://www.advconsultants.com/product/pmp-capm-instructor-slides/
[To download this presentation, visit: https://www.oeconsulting.com.sg/training-presentations]
Organizations need strategic planning because the world changes constantly. It is foolhardy and unrealistic to assume that economic conditions, consumer needs and expectations, competition in the marketplace, or a host of other factors will remain the same for two, three or five years into the future.
Insights from strategy consultants such as McKinsey and Gartner have revealed that although strategic planning is a basic business practice, many organisations are struggling to make it work--the results often fail to meet expectations.
Moreover, our research and experience have found that most strategic planning processes are poorly conceptualised and poorly executed; the process is often not very creative, and it is tactical rather than strategic in nature; and the so-called strategic plan rarely impacts the day-to-day decisions made in the organization.
To be successful, a strategic planning process should provide a template against which all such decisions can be evaluated.
What this guide will focus is not so much on "strategy tools," but a step-by-step systematic approach to strategic planning. The strategic planning process presented consists of eight sequential steps to guide organizational leaders and key stakeholders to plan and create its future. The Eight Steps of Strategic Planning include:
- Step 1: Plan the Planning Process
- Step 2: Define Shared Values and Mission
- Step 3: Analyze the Current Organizational Profile
- Step 4: Create an Inspiring Vision
- Step 5: Compare Current to Envisioned Organization
- Step 6: Develop Strategies, Objectives and Plans
- Step 7: Execute Action Plans
- Step 8: Monitor Results and Make Improvements
This comprehensive Strategic Planning PPT training presentation provides a model for transforming organizations and contains seven ingredients that are necessary for such transformations; that is, the strategic planning:
- Is future focused
- Is leadership driven, not leader driven
- Provides for a high level of organizational involvement
- Produces a plan that is widely understood and accepted
- Produces a plan that is comprehensive and detailed
- Is a model that can be rigorously applied
- Provides the energizing force to drive the transformation
As a process guide, the steps presented offer a unique and powerful approach to strategic planning. The steps and/or sub-steps may be adapted to suit the specific needs and desires of the organization.
LEARNING OBJECTIVES
1. Acquire knowledge on the key concepts and principles of strategic planning
2. Describe the eight-step strategic planning process and the key frameworks and tools
3. Define the key factors for successful strategic planning
CONTENTS
1. Key Concepts and Principles of Strategic Planning
2. Strategic Planning Process: The Eight-step Strategic Planning Model
3. Key Strategy Frameworks and Tools
4. Strategic Planning Best Practices
Learn the 5 Key Project Management Phases that every project manager knows. Perfect information for those professionals curious about how Project Managers plan their projects.
Complete Online PMP Study Training Material for PMP Exam Provided Free for PM...GlobalSkillup
Online PMP Training Study Material with Complete Slide Deck from GlobalSkillup for PMI PMP (Project Management Professional) towards PMP Exam Preparation.
This Study material also covers Project management defined by PMBOK 5th Edition by Project Management Institute (PMI). Provided by GlobalSkillup.com towards PMP Certification Exam.
Here are 489 slides for you to successfully teach your next PMP/CAPM class with confidence. We have also included questions after each chapter to reinforce the concepts for better exam preparation. Purchase your copy today: http://www.advconsultants.com/product/pmp-capm-instructor-slides/
The concepts and processes on how to perform project scope management according to PMBOK Guide 6th edition. You'll find key concepts and terms, plan scope management, collect requirements, define scope, create WBS, validate scope, and control scope.
An Introduction to Project Management Krishna Kant
I have tried to present here a brief introduction of project management for the people who wish to get the flavor of project management and what it takes to be a successful project manager.
I have used these slides for the various project management sessions that I have conducted in different forums. And I hope this will help you to understand or re-cap your project management principles.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
The New PMP Exam: Changes and Implications (With Annotation)CliffordEgbomeade
Find out what is changing and get your questions answered - Separating facts from myths.
As you may already know, the PMP exam changes from January 2, 2021.
We are aware that questions about this change abound.
In this webinar, you’ll learn:
〉 Why the change
〉 What are the change: Exam based on new exam content outline, online proctored, a new set of books, PMBoK, REP to ATP, etc.
〉 Implications & Options: Cost & time implication
〉 Next step
Skeleton for EPMO roll out for large enterprises Ghayas Mansoor
Template provides basic framework addressing EPMO roll out in very large scale organizations that consist of multiple segments / business units with diversity in process definition and practices (v1.1)
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
The concepts and processes on how to perform project scope management according to PMBOK Guide 6th edition. You'll find key concepts and terms, plan scope management, collect requirements, define scope, create WBS, validate scope, and control scope.
An Introduction to Project Management Krishna Kant
I have tried to present here a brief introduction of project management for the people who wish to get the flavor of project management and what it takes to be a successful project manager.
I have used these slides for the various project management sessions that I have conducted in different forums. And I hope this will help you to understand or re-cap your project management principles.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
The New PMP Exam: Changes and Implications (With Annotation)CliffordEgbomeade
Find out what is changing and get your questions answered - Separating facts from myths.
As you may already know, the PMP exam changes from January 2, 2021.
We are aware that questions about this change abound.
In this webinar, you’ll learn:
〉 Why the change
〉 What are the change: Exam based on new exam content outline, online proctored, a new set of books, PMBoK, REP to ATP, etc.
〉 Implications & Options: Cost & time implication
〉 Next step
Skeleton for EPMO roll out for large enterprises Ghayas Mansoor
Template provides basic framework addressing EPMO roll out in very large scale organizations that consist of multiple segments / business units with diversity in process definition and practices (v1.1)
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
Covering all the aspects of project management related to its characteristics, need, and importance, project life cycle, the Socio-Technical Approach to Project Management and its current drivers.
Spoclearn Offering PMP Certification in Indonesia accredited by PMI. By this Training you will understand the people, Process, Business Environment and helps you to enhance your Project Management skills, Team-Management Skills and Communication Skills etc..
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Rego University: Process Maturity, CA PPM (CA Clarity PPM)Rego Consulting
Functional Track Training: Process Maturity for CA PPM (CA Clarity PPM).
For more CA PPM training, visit http://regouniversity.com or http://regoconsulting.com and find free solutions at http://www.regoxchange.com/
Sharing the basics of Project Management - which should be helpful for every project team member.
Often Designers are known to work in their silos and talk their own lingo. It's increasingly important for Design & UX folks to understand overall Project Management & Processes.
This should help propel the case for Design focused execution of projects.
هذه المحاضرة بعنوان
The Next Generation PMO
كنت قد قدمتها في مؤتمر
The Big 5 Saudi
بمدينة جدة وذلك يوم 10 مارس 2019 باللغة الإنجليزية والان قمت بتسجيلها باللغة العربية
حيث تناولت المحاضرة وضع مكتب إدارة المشاريع مستقبليا في ال
Disruptive World
وما هو الدور المنوط به في ال
Digital Transformation
وبعدها تطرقت للدور المستقبلي الإضافي المتوقع أن يقوم به مكتب إدارة المشاريع كجهة مسؤولة من ال
Value Delivery
في المؤسسة بدلا عن الاكتفاء بدور ال
Administration or Support
بحيث تمكن مكاتب إدارة المشاريع من أن تقوم وتشارك بتطوير ومتابعة الخطة الاستراتيجية والاشراف على ال
Benefits Realization Management
وأن يسهم المكتب بصورة فعالة في إدارة التغيير وان يتحول تدريجيا إلى
Agile PMO
ومن ثم انتقلت لتوضيح المهارات والكفاءات المستقبلية المطلوبة للعاملين على مكاتب إدارة المشاريع المستقبلية واختتمت الحديث بتعريف ال
High Performing PMO
This session covers following points:
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2. Projects in Business Ecosystem & Importance
3. What is Project, Program Vs. Project
4. Project Management Life Cycle
5. The Role of Project Manager
Agile Project Management
6. Project Management Today: A Socio-Technical Approach
Some of the target measures of success for an effective PMO is the company is they contribute towards a company being financially successful where the shareholders are satisfied, the organisation works on the right projects at the right time, strategies are being executed as agreed and programs and projects are aligned with corporate strategy.
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This document provide the main tips and tricks to deliver an effective business or academic presentation.
Full version is available for download on my LinkedIn profile as well.
www.slideshare.net/frgaucher/oral-presentation-skills-88247526
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Aperto Libro Academy
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4. 1-4
Introduction: What Is a Project?
Project management statistics
❑ Failure rate
▪ A study by PricewaterhouseCoopers, which reviewed 10,640 projects from 200
companies in 30 countries and across various industries, found that only 2.5% of
the companies successfully completed 100% of their projects.
▪ 39% of projects fail for lack of planning and proper resource allocation.
▪ 57% of projects fail due to “breakdown in communications.”
▪ The failure rate of projects with budgets over $1M is 50% higher than the failure
rate of projects with budgets below $350,000.
❑ Importance of PM: 77% of high performing companies understand the value of project
management. 40% of low-performing companies.
Project Management - Chapter 1 - Introduction Page 4
5. 1-5
Introduction: What Is a Project?
Project management statistics
❑ Budget overrun:
▪ A study published in the Harvard Business Review, which analyzed 1,471 IT
projects, found that the average overrun was 27%, but one in six projects had a
cost overrun of 200% on average and a schedule overrun of almost 70%.
❑ PM skills gap
▪ 56% project managers have a formal certification or degree in project
management.
▪ 90% of global senior executives and project management experts say good project
management is key to delivering successful results and gaining a competitive edge
Project Management - Chapter 1 - Introduction Page 5
6. 1-6
Introduction: What Is a Project?
Project management statistics
Source Pmi.org
Project Management - Chapter 1 - Introduction Page 6
7. 1-7
Introduction: What Is a Project?
Project management statistics
Source Pmi.org
Project Management - Chapter 1 - Introduction Page 7
9. 1-9
What Is a Project?
Project Defined
❑ A complex, nonroutine, one-time effort limited
by time, budget, resources, and
performance specifications designed to meet
customer needs.
❑ “Customer” may be external or internal to the
organization
Project Management - Chapter 1 - Introduction Page 9
10. 1-10
What Is a Project?
Project Defined
❑ Project management is the planning, scheduling, and controlling
of project activities to meet project objectives.
❑ The major objectives that must be met include:
▪ Performance: The quality of the work being done.
▪ Cost: The cost of project work, directly related to the human and physical
resources applied.
▪ Time goals: The schedule that must be met.
▪ Respect project Scope: The magnitude of the work to be performed
Project Management - Chapter 1 - Introduction Page 10
11. 1-11
What Is a Project?
Project Defined
❑ Plan, organize, control, and lead are the four basic
functions of project management.
▪ Planning is deciding in advance what the project will achieve,
determining the steps to execute, and identifying when to start
and stop.
▪ Organizing is orchestrating resources cost-effectively to execute
the project plan.
▪ Controlling is assessing how well the project manager uses the
plans and organization to meet project goals and objectives.
▪ Leading is influencing people to achieve the goals and objectives
of the project.
Project Management - Chapter 1 - Introduction Page 11
12. 1-12
What Is a Project?
Major Characteristics of a Project
❑ Has an established objective.
❑ Has a defined life span with a beginning and an end.
❑ Typically requires across-the-organizational participation.
❑ Involves doing something never been done before.
❑ Has specific time, cost, and performance requirements.
Project Management - Chapter 1 - Introduction Page 12
13. 1-13
Programs versus Projects
Program Defined
❑ A series of coordinated, related, multiple projects targeted at a common
goal.
❑ Project Directors vs Project Managers
❑ A Project Director generally oversees a team of project managers and
project teams.
Project Management - Chapter 1 - Introduction Page 13
14. 1-14
Importance of PM
❑ Projects are the means by which we introduce change in the
organization.
❑ As the pace of change (technology, business, social, regulatory etc.)
accelerates, and the penalties of failing to adapt to change become more
evident, the focus of management attention is inevitably moving to achieve a
balance between business as usual and business change.
Project Management - Chapter 1 - Introduction Page 14
15. 1-15
Comparison of Routine Work with Projects
Project Management - Chapter 1 - Introduction Page 15
Routine, Repetitive Work
Taking class notes
Daily entering sales receipts into the
accounting ledger
Responding to a supply-chain request
Practicing scales on the piano
Routine manufacture of an Apple iPod
Attaching tags on a manufactured product
Projects
Writing a term paper
Organizing a professional accounting meeting
Developing a supply-chain information system
Writing a new piano piece
Designing an iPod that is approximately 2 X 4
inches, interfaces with PC, and stores 10,000 songs
Wire-tag projects for GE and
Wal-Mart
17. 1-17
The Project Manager
The Project Manager
❑ Frequently acts independently of the
formal organization.
❑ Marshals resources for the project
❑ Provides direction, coordination, and
integration to the project team
❑ Manages a diverse set of project
stakeholders
❑ Dependent upon others for technical
answers
❑ Is responsible for performance and
success of the project
Project Management - Chapter 1 - Introduction Page 17
18. 1-18
The Importance of Project Management
Factors Leading to the Increased Use of Project
Management:
▪ Compression of the product life cycle
▪ Global competition
▪ Permanent changes
▪ Disruptive technologies
▪ Knowledge dissemination
▪ Corporate downsizing/restructuring
▪ Increased customer focus strategies
▪ Small projects that represent big problems
Project Management - Chapter 1 - Introduction Page 18
20. 1-20
Trends in Project Management related Jobs
Project Management - Chapter 1 - Introduction Page 20
Source Pmi.org
21. 1-21
Top Project Management Certifications
❑ PMP: Project Management Professional
❑ CAPM: Certified Associate in Project Management
❑ CSM: Certified ScrumMaster
❑ CompTIA Project+ certification
❑ PRINCE2 Foundation/PRINCE2 Practitioner
❑ CPMP: Certified Project Management Practitioner
❑ Associate in Project Management
❑ MPM: Master Project Manager
❑ PPM: Professional in Project Management
❑ PMITS: Project Management in IT Security
❑ Certified Project Director
❑ CPM: Certified Project Manager (IAPM)
Project Management - Chapter 1 - Introduction Page 21
22. 1-22
Growth in PMP Certification
• Project Management Professional (PMP) is an internationally
recognized professional designation offered by the Project
Management Institute (PMI).
• The exam is based on the PMI Project Management Body of
Knowledge (PMBOK).
Project Management - Chapter 1 - Introduction Page 22
23. 1-23
PMI Credentials
• Certified Associate in Project Management (CAPM)
• Project Management Professional (PMP)
• Program Management Professional (PgMP)
• PMI Agile Certified Practitioner (PMI-ACP)
• PMI Risk Management Professional (PMI-RMP)
• PMI Scheduling Professional (PMI-SP)
• Portfolio Management Professional (PfMP)
• PMI Professional in Business Analysis (PMI-PBA)
Project Management - Chapter 1 - Introduction Page 23
24. 1-24
PMI Credentials
Project Management - Chapter 1 - Introduction Page 24
CAPM
This certification is considered an entry-
level option for project managers and the
first step for professionals looking to
receive their PMP.
It recognizes that professionals have the
fundamental skills and knowledge of an
effective project manager.
PMP
This credential demonstrates an in-depth
knowledge of all aspects of project
management, including time, budget and
scope, as well as strategic planning, risk
management, and communication.
25. 1-25
Growth in PMP Certification
As of March 2018, there are
833 025 active PMP certified
individuals across 210
countries worldwide.
Project Management - Chapter 1 - Introduction Page 25
26. 1-26
PMI Exam syllabus
PMP Exam syllabus
The PMP exam is based on the PMP Examination Specification which describes
tasks out of five performance domains:
▪ Initiating the project (13%)
▪ Planning the project (24%)
▪ Executing the project (31%)
▪ Monitoring and controlling the project (25%)
▪ Closing the project (7%)
Project Management - Chapter 1 - Introduction Page 26
27. 1-27
Growth in PMP Certification
PMP Exam syllabus
The certification exam has 200 multiple-choice questions, and you have four hours to
complete it.
To maintain your PMP, you must earn 60 professional development units (PDUs) every
three years.
Price: Member: US$405.00 - Non-member: US$555.00
Project Management - Chapter 1 - Introduction Page 27
30. 1-30
Project Management - Chapter 1 - Introduction Page 30
▪ Advanced level Project Management
certification
▪ Based on PMBOK
▪ Generic project management
knowledge, applicable for multiple
industries
▪ Originated in US. Widely accepted in
US, Canada, Middle East and Asia
▪ Has only one level
▪ Project Manager responsible for the
result of a project
▪ Answer the « How » part of project
management
▪ Is a methodology, with a detailed
process model and templates
▪ Three levels of certification:
Foundation, Practitioner,
Professional
▪ More IT focus
▪ Originated in IK. Wideley accepted in
UK, Europe, Australia
▪ Project Manager is a middleman
between the project and its control
board
▪ Answer the « What » part of project
management
PMP PRINCE 2
PMP vs PRINCE2
32. 1-32
PMP – Prince2 – ISO Differences
PMI (not-for-profit association)
❑ PMI's Project Management Professional (PMP) credential is the most important
industry-recognized certification for project managers
❑ Develops standards (PMBOK) and credentials (PMP, CAPM, etc.)
❑ Is a standard and not a methodology. Answer the question “WHAT”
PRINCE2 (PRojects IN Controlled Environments)
❑ PRINCE2 is in the public domain.
❑ Used extensively by the UK Government and is widely recognised and used in the
private sector, both in the UK and internationally.
❑ PRINCE 2 is a process-based methodology. Answers the question “HOW”
Project Management - Chapter 1 - Introduction Page 32
34. 1-34
Integrated Project Management Systems
Problems Resulting from the Use of Piecemeal Project
Management approach:
❑ Do not tie together the overall strategies of the firm.
❑ Fail to prioritize selection of projects by their importance of their contribution
to the firm.
❑ Are not integrated throughout the project life cycle.
❑ Do not match project planning and controls with organizational culture to
make appropriate adjustments in support of project endeavors.
Project Management - Chapter 1 - Introduction Page 34
35. 1-35
The Technical and Sociocultural Dimensions
of the Project Management Process
Project Management - Chapter 1 - Introduction Page 35
36. 1-36
An Overview of Project Management
Project Management - Chapter 1 - Introduction Page 36